Wall Street experienced mixed results Thursday. The Dow fell 0.51%, influenced by Caterpillar's tariff concerns and Eli Lilly's disappointing drug trial results. However, the Nasdaq rose 0.35%, boosted by Apple's investment plans and positive semiconductor news following President Trump's tariff announcement on imported chips, excluding U.S.-based companies. Despite initial market reactions to new tariffs, positive economic data and strong earnings contributed to overall market resilience. Major averages remain on track for a positive week.
Prepared by Christopher Adams and reviewed by editorial team.
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